Sonic Appliances had the following revenue over the past five years To predict revenues for 2018, Sonic
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Question:
Sonic Appliances had the following revenue over the past five years
To predict revenues for 2018, Sonic Appliances uses the average for the past five years. The company's breakeven revenue is $525,000 per year. What is Sonic Appliances's predicted margin of safety for 2018?
A. $1,000,000
B. $475,000
C. 525.000
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ISBN: 978-0077639730
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Authors: David Haddock, John Price, Michael Farina
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